Regions Southeast
Mixed-Use in Property Coral Gables Gets a New Owner
May 14, 2008

Ownership of the 180,000-square-foot Plaza San Remo in Coral Gable has just changed hands, with a German investment group advised by Phoenix Property Co. acquiring the one-year-old retail and medical office condominium property from Venera Holdings. Whole Foods anchors the Miami-area seven-story complex, which also features a 739-space structured parking facility. Real estate services firms Holliday Fenoglio Fowler teamed with Colliers Abood Wood-Fay to orchestrate the sale on behalf of Venera.

 
Recent Southeast Headlines
Grubb & Ellis Buys Two Apartment Complexes in Metro Atlanta
July 03, 2008
Grubb & Ellis Apartment REIT Inc. has acquired two Class A apartment communities totaling nearly 500 units in the metro Atlanta area. Grubb purchased the 216-unit AMLI at Kedron Village multi-family community in Peachtree City from AMLI Residential and Prudential Real Estate Investors, and the 280-unit Creekside Crossing in Lithonia from Harbor Group International, Norfolk, Va.
Orlando's First Nordstrom Rack to Anchor New 100,000SF Shopping Center
July 03, 2008
Millennia Crossing, a 100,000-square-foot shopping center scheduled to debut in Orlando, Fla. next spring, will become the home of the city's first Nordstrom Rack and the State of Florida's second such store.
Sensus Metering Expands at Highwoods Forum Office Park in North Raleigh
July 02, 2008
Highwoods Properties Inc. said that Sensus Metering Systems is expanding their office space at Highwoods Forum Office Park in North Raleigh, N.C.
ATT Atlanta Wells REIT II Snags Another AT&T Building in Atlanta
July 02, 2008
Wells Real Estate Investment Trust II has acquired Lindbergh Center, a groundbreaking, transit-oriented development in Atlanta’s Buckhead area, in a sale-leaseback from AT&T.
Fortes  Financial Secures National City Mortgage Wholesale Division
July 02, 2008
Fortes Financial Inc. has completed the  assumption of five regional wholesale offices formerly belonging to  National City Mortgage Corp.